August Jobs Report <br />Falls Below Expectations.<br />According to the <br />U.S. Labor Department, <br />130,000 positions were <br />added last month.<br />A large portion of those positions was<br />the hiring of census workers, which is<br />considered a temporary role.<br />These numbers fall short of the 150,000 jobs<br />that had been predicted by Wall Street.<br />More than 27,000 jobs were lost in sectors<br />such as retail, mining, transportation and trade.<br />This decline in added jobs is stoking<br />the already present fear that the<br />U.S. may be headed for a recession.<br />Besides the trade war with China, areas like<br />agriculture and manufacturing are struggling.<br />Compared to last year, monthly job<br />growth in America has also slowed.<br />Following revisions, the U.S.<br />is now averaging 158,000<br />added roles a month.<br />In 2018, it was around<br />223,000 per month.<br />The U.S. unemployment rate is still<br />3.7 percent, with average hourly earnings<br />experiencing a jump of 0.4 percent
